Housing market unmoved by coalition government

Published on

The May Housing Market Report from the National Association of Estate Agents (NAEA) has found that sales remained the same, the average number of properties available remained the same and the percentage of sales made to first time buyers also stayed flat.

The average agent sold eight properties in May and had 62 registered properties on its books. Around 21% of sales were made to first time buyers in April and in May.

However the number of people registering to look for homes dipped slightly, from 278 in April to 265 in May.

President of the NAEA, Michael Jones said: “In a momentous political month

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

Generation X faces retirement squeeze with smaller pensions than parents

Generation X risks becoming the first cohort to retire with less financial security than...

Leasehold reforms stall as sector warns of ‘real-world consequences’

The government is under mounting pressure to accelerate leasehold reform as the body representing...

Zoopla warns cost pressures mean housing targets are at risk

The government’s flagship target to deliver 1.5m new homes over the next five years...

UTB cuts bridging loan minimum and lowers regulated rates

United Trust Bank has unveiled a package of bridging loan changes aimed at making...

More2life urges FCA to act on later life mortgage barriers

More2life has welcomed the Financial Conduct Authority’s recognition of later life lending as a...

Latest publication

Other news

Generation X faces retirement squeeze with smaller pensions than parents

Generation X risks becoming the first cohort to retire with less financial security than...

Leasehold reforms stall as sector warns of ‘real-world consequences’

The government is under mounting pressure to accelerate leasehold reform as the body representing...

Zoopla warns cost pressures mean housing targets are at risk

The government’s flagship target to deliver 1.5m new homes over the next five years...